Listing Agency: Marcus & Millichap - San Diego p***@marcusmillichap.com Show Phone

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 7:52PM

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Investment Insights

Based on property information with market context.

This storefront property comprises 10,531 square feet of retail space and is identified as a Dollar Tree and Family Dollar combo store. The offering is presented with a 7.75% capitalization rate.

The property is located at 3859 Elm St in Choudrant, Louisiana 71227.

Key Highlights

• 10,531 SF retail property
• Dollar Tree and Family Dollar combo store
• 7.75% CAP

Property Analytics

Property Profile

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Big Box & Wholesale Store Home Appliance Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

59

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 71227, LA

4,127

Population

1,624

Households

2.5

Avg Household Size

39

Median Age

28%

College-Educated

91%

High-School Grad

115.3 sq mi

ZIP Area

36

Density / Sq Mi

$60,810

Median Household Income

$39,949

Median Earnings

$935

Median Rent

$209,900

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Retail property offering 10,531 square feet within a Dollar Tree and Family Dollar combo store.

Where is this storefront property located?

The property is located at 3859 Elm St Choudrant, LA.

What are key features of this property?

This property features: 10,531 SF retail property; Dollar Tree and Family Dollar combo store; 7.75% CAP